NOT LISTED FOR SALE

420 Palmwood Ln Key Biscayne, FL 33149

Village of Key Biscayne Neighborhood

Estimated Value: $4,607,820 - $5,191,000

5 Beds
5.5 Baths
3,542 Sq Ft
$1,404/Sq Ft Est. Value

Highlights

  • In Ground Pool
  • Wood Flooring
  • No HOA
  • Key Biscayne K-8 Center Rated A-
  • Sun or Florida Room
  • Formal Dining Room

About This Home

As of March 2016

Magnificent 2003 elevated home. Features 4 bedrooms upstairs with bathroom in suite, huge landing, rooftop terrace. Downstairs living, dining, tv room, kitchen and another bedroom with bathroom. Powder bathroom. Impact windows, Australian wood in all the house and brand new pool. Private elevator. Beach club membership included.

Last Agent to Rent the Property

Iciar Oyarzun

BHHS EWM Realty License #3114022 Listed on: 01/05/2016

BHHS EWM Realty

Last Renter's Agent

Cecilia Grigio

MMLS Assoc.-Inactive Member License #0690657

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,027

Year Built

  • Built in 2003

Lot Details

  • 7,795 Sq Ft Lot
  • East Facing Home
  • Property is zoned RU-1

Parking

  • 2 Car Garage

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,542 Sq Ft Home
  • Formal Dining Room
  • Sun or Florida Room
  • Wood Flooring
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Schools

  • Keybiscayne Elementary School
  • Coral Glades High School

Utilities

  • Cooling Available
  • Central Heating

Additional Features

  • Accessible Elevator Installed
  • In Ground Pool

Community Details

  • No Home Owners Association
  • Tropical Isle Homes Sub Subdivision

Listing and Financial Details

  • Property Available on 3/15/16
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 24-42-32-005-0190

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,027

Year Built

Built in 2003

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: More Than 20 Lbs
  • Available Date: 2016-03-15
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2003
  • Property Sub Type: Single Family Residence
  • Architectural Style: First Floor Entry, Multi Level
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Single Family-Annual, House
  • Subdivision Name: Tropical Isle Homes Sub
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Elevator, Walk-In Closet(s), Florida Room
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 3542
  • Other Equipment: Elevator
  • Window Features: Impact Glass
  • Dining Room Features: Formal Dining
  • Living Room Features: Florida Room

Exterior Features

  • Roof: Barrel Roof
  • View: Other
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Tropical Isle Homes Sub
  • Covered Parking Spaces: 2
  • Garage Spaces: 2

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Keybiscayne
  • High School: Coral Glades High

Lot Info

  • Parcel Number: 24-42-32-005-0190
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 7795
  • Zoning: RU-1
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2009
Sold by
Mcna Properties Iv Llc
Bought by
Barajas Javier and Oyarzun Maria Deiciar
Current Estimated Value
$4,959,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2009
Sold by
Mercantil Commercebank Na
Bought by
Mcna Properties Iv Llc

Purchase Details

Closed on
Aug 4, 2009
Sold by
Ocana Miguel A
Bought by
Mercantil Commercebank Na

Purchase Details

Closed on
Sep 20, 2000
Sold by
Olavarri Pedro M
Bought by
Ocana Miguel A and Ocana Maria E

Purchase Details

Closed on
Mar 1, 2000
Sold by
Fagan Hollie G and Fagan Lawrence J
Bought by
Olavarri Pedro M and Olavarri Lucia R

Purchase Details

Closed on
Jan 6, 1999
Sold by
Morris Lynn D and Morris Jane
Bought by
Fagan Hollie G and Fagan Lawrence J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.77%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Barajas Javier $1,750,000 Attorney
Mcna Properties Iv Llc -- Attorney
Mercantil Commercebank Na $182,000 None Available
Ocana Miguel A $565,000 --
Olavarri Pedro M $485,000 --
Fagan Hollie G $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barajas Javier $488,000
Open Barajas Javier $981,000
Closed Barajas Javier $1,050,000
Closed Barajas Javier $800,000
Previous Owner Ocana Miguel Angel $1,000,000
Previous Owner Ocana Miguel Angel $800,000
Previous Owner Ocana Miguel Angel $450,000
Previous Owner Fagan Hollie G $95,000
Previous Owner Fagan Hollie G $150,000
Previous Owner Ocana Miguel Angel $250,000
Previous Owner Fagan Hollie G $256,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2016 03/15/16 Rented $12,000 0.0% --
01/13/2016 01/13/16 Under Contract -- -- --
01/04/2016 01/04/16 For Rent $12,000 +9.1% --
02/15/2014 02/15/14 Rented $11,000 -8.3% --
01/16/2014 01/16/14 Under Contract -- -- --
12/18/2013 12/18/13 For Rent $12,000 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $31,027 $1,992,004 -- --
2024 $30,613 $1,935,864 -- --
2023 $30,613 $1,879,480 $0 $0
2022 $29,497 $1,824,738 $0 $0
2021 $29,585 $1,771,591 $0 $0
2020 $28,219 $1,747,132 $960,734 $786,398
2019 $31,250 $1,925,989 $1,130,275 $795,714
2018 $30,383 $1,935,306 $1,130,275 $805,031
2017 $36,090 $2,233,037 $0 $0
2016 $36,986 $2,232,283 $0 $0
2015 $34,866 $2,029,349 $0 $0
2014 $32,599 $1,844,863 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Iciar Oyarzun

    Landlord's Agent in 2016

    Iciar Oyarzun

    BHHS EWM Realty

    (305) 302-2066

    2 in this area

    7 Total Sales

    Section Image

  • C

    Tenant's Agent in 2016

    Cecilia Grigio

    MMLS Assoc.-Inactive Member

  • R

    Buyer's Agent in 2014

    Ruben Pena

    Specialist Realty Group Inc

    (305) 558-7952

    2 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10009939

MIAMI REALTORS® MLS

APN: 24-4232-005-0190

Florida Miami/Dade County Key Biscayne 33149 Village of Key Biscayne

420 Palmwood Ln, Key Biscayne, FL

This home is located at 420 Palmwood Ln, Key Biscayne, FL 33149 since 05 January 2016 and is currently priced at $4,973,607. This property was built in 2003. 420 Palmwood Ln is a home located in Miami-Dade County with nearby schools including Key Biscayne K-8 Center, Ponce de Leon Middle School, and Coral Gables Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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